Common use of Financial Commitment Clause in Contracts

Financial Commitment. After signing the agreement, and the exhibitor fails to make final payment before the event date, the organizers will have no obligation to refund any deposit or payments received and may refuse the exhibitor to setup for the event until such payment has been received A 50% deposit is payable to reserve space/stand. In the case of no payment after we received signed application and agreement, ▇▇▇▇▇▇ Classic Africa has the right to hand over the contract for collection and all fees, legal cost and interest will be for the exhibitor’s account. ▇▇▇▇▇▇ Classic Africa cannot be held responsible and will have no claim against the organizers for an exhibitor/vendor not selling or reaching his goals at the event and the onus will be on the exhibitor to market and promote his brand presence at the event and before the event. It is not the organizer/owner’s responsibility to do any marketing of an exhibitor/vendor but will market the brand and event in general to the best of their ability. Occasional marketing of an exhibitor/vendor will appear on social platforms but will and cannot be guaranteed.

Financial Commitment. After signing the agreement, and the exhibitor fails to make final payment 7 days before the event date, the organizers will have no obligation to refund any deposit or payments received and may refuse the exhibitor to setup for the event until such payment has been received A 50% deposit is payable to reserve space/stand. In the case of no payment after we received signed application and agreement, ▇▇▇▇▇▇ Classic Africa has the right to hand over the contract for collection and all fees, legal cost and interest will be for the exhibitor’s account. ▇▇▇▇▇▇ Classic Africa cannot be held responsible and the exhibitor/sponsor will have no claim against the organizers for an exhibitor/vendor not selling or reaching his goals at the event and the onus will be on the exhibitor to market and promote his brand presence at the event and before the event. It is not the organizer/owner’s responsibility to do any marketing of an exhibitor/vendor but will market the brand and event in general to the best of their ability. Occasional marketing of an exhibitor/vendor will appear on social platforms but will and cannot be guaranteed.

Financial Commitment. After signing the agreement, and the exhibitor fails to make final payment 7 days before the event date, the organizers will have no obligation to refund any deposit or payments received and may refuse the exhibitor to setup for the event until such payment has been received A 50% deposit is payable to reserve space/stand. In the case of no payment after we received signed application and agreement, ▇▇▇▇▇▇ Classic Africa has the right to hand over the contract for collection and all fees, legal cost and interest will be for the exhibitor’s account. ▇▇▇▇▇▇ Classic Africa cannot be held responsible and will have no claim against the organizers for an exhibitor/vendor not selling or reaching his goals at the event and the onus will be on the exhibitor to market and promote his brand presence at the event and before the event. It is not the organizer/owner’s responsibility to do any marketing of an exhibitor/vendor but will market the brand and event in general to the best of their ability. Occasional marketing of an exhibitor/vendor will appear on social platforms but will and cannot be guaranteed.